2 years ago
HydRegen Secures £2.6M Funding to Advance Sustainable Chemical Manufacturing
HydRegen, a UK-based biotechnology company enabling sustainable chemical manufacturing, raised £2.6M in funding led by Clean Growth Fund
The company plans to use the funds for commercial development and deployment of its technologies over the next 18 months, and to expand its team over the next 12 months
HydRegen's technology aims to replace toxic metal catalysts in chemical manufacturing, reducing the environmental impact of the industry.
ProblemBiotechnology
"reducing the environmental impact of chemical manufacturing and pharmaceutical industries"
Solution
"replacing toxic metal catalysts with a novel biotechnology"